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Double Entry Bookkeeping: Simple Guide for Small Business Owners Double Entry Bookkeeping: Simple Guide for Small Business Owners Double entry bookkeeping is the practice of recording every business transaction in (at least) two places—once as a debit, once as a credit. This two-sided method keeps your books balanced and instantly reveals mistakes. If you own … Read more

What Is a Journal Entry in Bookkeeping? If you’re trying to keep your business finances organized, you’ll eventually run into the term “journal entry.” It might sound like something out of a diary, but in the world of bookkeeping, it’s one of the most important building blocks of your accounting system. A journal entry is … Read more